Hi @Shanoor Khimji I'm not sure what the 3 highest rental yield as I've seen various reports with different conclusions.

I will let you draw your own conclusions from what he's posted here.  

so assuming someone wants to get into STR business without buying property, operating a arbitrage business rather than co hosting should only be considered if there are greater profits, enough to provide a sufficient return on the additional invested capital and offset the greater risk.My conclusion is that Investing in residential properties in which the property owner chooses to rent short term, and starting a STR arbitrage business, are two different animals.  

You are right on, coastal is probably more 100% than 50% down now.....Even C class Phoenix is like 35% down now..... which leads to my next conclusion that we are at top now and going downhill from here....

I have been coming to the same conclusion and appreciate the insights on how to get started and especially to be patient in this market. 

I have read through all the posts in this thread and have come to the conclusion that most have given advice on the path you need to take to turn your life around and in most cases you have given reasons and excuses as to why you do not want to change.

@Jim Blackburn@Cristian SamayoaHi CristianI think there's a little jumping to conclusions by a couple here. 

But we came to the conclusion that life is too short to live someplace we don’t like just to own a home.

I've also come to the same conclusion that you need a full-time job, work for a few years to save up enough cash for your future real-estate investments, and continue to grow till I become a full time real-estate investor.

In conclusion, pick a country to invest in(learn as you go, you don't have to learn them all at once), do your homework on finding a good international real-estate attorney, and go from there.